The practice of medicine is one where innovation is literally a matter of life or death, there’s always an urgent need for a new test to diagnose a mysterious new disease and a new miracle treatment to save someone afflicted by it. For founder Christine Lemke, one of Evidation’s ongoing projects, to see if new technologies can effectively measure chronic pain, is personal: Lemke has a rare genetic disease that causes frequent back pain. One of the most disappointing things about the healthcare industry is the power skew between patients and doctors; a patient is often at the mercy of the superior knowledge of the doctor. Many of us have used internet connected devices to monitor our health but in the past we were left to make our own inferences from the data generated. For example, all of the participating institutes have agreed to accept an approval decision by any of their respective Institutional Review Boards, which “allows us to get major clinical trials off the ground in weeks rather than years,” says Parker, and at lower costs. Artificial Intelligence. “Unless we apply the scaling and the principles of the technology revolution to drug discovery and development, we’re not going to see a change in that outcome anytime soon.” —Corinne Purtill, Whenever the world’s biggest retailer aims its gigantic footprint at a new market, the ground shakes. The prices are affordable without insurance ($30 for an annual physical; $45 for a counseling session), and the potential is huge. Radiology is an excellent example of AI’s impact. The convergence of AI, IoT, wearables, blockchain and point-of-care testing are not only disrupting the healthcare system but also empowering patients, resulting in better outcomes. The pandemic has been an epochal moment for the healthcare industry. Innovation in healthcare is essential, and those pushing medicine’s boundaries have the supreme motivation to do so; they want to alleviate suffering and save lives. AI is quickly becoming an extremely powerful tool for the industry. Very often different patient respond very differently to the same treatments. It is in the nature of medicine for the doctor to be the holder of key powerful knowledge that has a massive bearing on the patient’s future. The dictionary definition of innovation is: i) “a new idea, device, or method” and ii) “the act or process of introducing new ideas, devices, or methods.” 1 Innovations in healthcare fall under the broader umbrella of social innovations, which aim to solve social issues. As we turn the corner on 2020, we find ourselves in the midst of the worst pandemic in a century and humanity’s brightest minds are focused on rapidly innovating healthcare solutions for pandemic-scale problems to save lives. The failure to scale healthcare systems over the last few decades has resulted in intense pressure to scale pandemic response in months; it is unequivocally clear that as a result our health systems will be transformed in the post pandemic world. While many doctors are benevolent stewards of this power, healthcare remains one of the few sectors where the person paying for a service is not the king or queen. She practiced the same tedious exercises dozens of times in a row, with progress so slow it seemed undetectable. “All of us have family members, friends who are diagnosed with diseases that have no treatment,” she says. Just as many diabetics have been empowered to check their own blood glucose and administer an appropriate amount of insulin, in the future, innovative technologies will facilitate DIY health like never before. It’s fast, precise, … AI radiology platforms have a reference database of millions of scans while the average radiologist has few thousand; AI can see shades of grey that the human eye just does not appreciate. How technology is disrupting Indian healthcare industry and forcing digitisation during COVID-19, How healthtech companies are ramping up and adopting new technologies to capture the mHealth market, Search for what you want, categories, tags, keywords, authors, events, anything under YourStory, [The Turning Point] Why two friends decided to start a milk revolution in non-metro towns with dairy startup Puresh Daily, The unbearable heaviness of being WhiteHat Jr: tracing the startup’s journey since BYJU’S acquisition, Highlights from PM Narendra Modi's three-city vaccine tour, PM Narendra Modi's three-city COVID-19 vaccine tour; The startup behind a milk revolution in non-metro towns, Humans were caged, but nature flourished during the pandemic – wildlife photographer Chaitanya Rawat on the importance of nature conservation, Best of Weekender: From a candid chat with fashion designer Manish Malhotra to insights from Emma Donoghue on her latest novel, You have to be at the right time at the right place, says Sameer Nigam of PhonePe, Fashion with a cause: Chennai’s Cause Wear sells pre-loved clothes to raise funds for social causes.